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Oct 2, 2013
10/13
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it was really wonderful haggling that went on and with the debt ceiling in '81, he goes, you want my votes? nobody wants to raise the debt ceiling. who wants to do that? give me a letter for each one of the guys asking him to do it and they'll do. there was a grown-up way of thinking, we can get through these messes. i don't want to say this is some sort of operator's guide for government because right now there's real polarization and a lot of republicans don't want to be seen being in the same room as the president. that's really changed. that's different than the old days when they didn't mind being seen together. reagan was laughing when he signed the tax reform bill and happy when he signed the social security. come on, buddy, i like the picture. that's different. >> where are the adults in the room? i can't think of a better time for the book to come out. >> it's weird, isn't it? >> you can't help but compare but as you've been speaking about there are times when reagan did get coverage to the democrats in the house. >> he means tested social security. who wanted to do that by
it was really wonderful haggling that went on and with the debt ceiling in '81, he goes, you want my votes? nobody wants to raise the debt ceiling. who wants to do that? give me a letter for each one of the guys asking him to do it and they'll do. there was a grown-up way of thinking, we can get through these messes. i don't want to say this is some sort of operator's guide for government because right now there's real polarization and a lot of republicans don't want to be seen being in the...
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diane: if this passes you still have to deal with spending cuts in the debt ceiling, of course. will that turn into another showdown? rich: absolutely. because there are really no significant spending cuts in here republicans are still sticking to their opening point which is any increase in the debt ceiling must be accompanied by spending cuts of equal values. that is something that republicans are going to have to the move the ball on. he also after member and a couple of months we're going to deal with government spending in general, what is known as a continuing resolution which funds the federal government, the discretionary part of the federal government. that expires in a couple of months and is something that we're going to have to deal with as well. lots of spending issues appeared. congress really at the end of this week if this goes through. diane: we are watching nancy pelosi speaking their excess your right. we are also -- one of the things we heard from the gop a year earlier, i said to your right. i should say to allow for people watching, but we heard from a gop
diane: if this passes you still have to deal with spending cuts in the debt ceiling, of course. will that turn into another showdown? rich: absolutely. because there are really no significant spending cuts in here republicans are still sticking to their opening point which is any increase in the debt ceiling must be accompanied by spending cuts of equal values. that is something that republicans are going to have to the move the ball on. he also after member and a couple of months we're going...
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Jul 23, 2013
07/13
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now, we're not going to raise the debt ceiling without real cuts in spending. it's as simple as that. >> but as if to prebut speaker bane's prebuttle of the president, one tea party affiliated senator on monday suggested we go further and risk shutting down the government in order to defund obama care. >> if republicans in both houses refuse to vote for any continuing resolution that contains further funding for further enforcement of obama care, we can stop it. we can stop the individual mandate from going into effect. >> joining us now is david corn, washington bureau chief from mother jones plagues and professor mike st. louis eric dyson, professor at georgetown university, both msnbc political analysts. david, defunding is obama care, government shutdowns. why do boehner and the gop keep, repeat, keep, repeat, keep going back to the same failed playbook? >> i feel like we should be playing i got you, babe, over and over. >> we should. >> and over again. where is bill murray when we need him? i think, i should say i have yet to congratulate anyone with a bri
now, we're not going to raise the debt ceiling without real cuts in spending. it's as simple as that. >> but as if to prebut speaker bane's prebuttle of the president, one tea party affiliated senator on monday suggested we go further and risk shutting down the government in order to defund obama care. >> if republicans in both houses refuse to vote for any continuing resolution that contains further funding for further enforcement of obama care, we can stop it. we can stop the...
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Oct 2, 2013
10/13
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i think they were emboldened by the first debt ceiling negotiation and now have sequester cuts as sort of the new normal. and i think if there is a deal on the cr, they'll be emboldened by that and i think democrats are very aware of this dynamic that they can't give anything on the cr or else they'll just be further emboldened to take the debt ceiling hostage and then it never ends. because let's not forget. we're talking about a six-week cr. we have this again in six weeks. >> yeah, we do. how about that, angela? we have it again in six weeks, just in time for small businesses preparing for christmas. that will be great, won't it? >> no, it actually would be terrible, martin. and i think you know that, i'm saying that facetiously. but i think the reality of this situation is to krystal's last point. the fact that we're now looking at sequestration and saying, okay, we'll just -- we'll fund the government at these levels. democrats are doing that just to get something passed? is highly problematic. we have been operating on this continuing resolution after continuing resolution. and t
i think they were emboldened by the first debt ceiling negotiation and now have sequester cuts as sort of the new normal. and i think if there is a deal on the cr, they'll be emboldened by that and i think democrats are very aware of this dynamic that they can't give anything on the cr or else they'll just be further emboldened to take the debt ceiling hostage and then it never ends. because let's not forget. we're talking about a six-week cr. we have this again in six weeks. >> yeah, we...
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Feb 27, 2013
02/13
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>> he was close to a deal a year ago august in 2011 on the debt ceiling limit, and he was pulled back by his folks, more conservative folks, and the president was pulled off the cliff, too, if you look at bob woodward's book as to how that thing unraveled. they both have to channel. he needs to channel tip o'neill, and the president needs to channel ronald reagan, and they have to do things. people talk about it, it was wonderful, it was bliss, it was euphoria. but they made tough choices. they raised the age of social security, and they whacked people with pensions, and they raised revenues. the only way you solve this problem is through the big deal. >> don't you have to be big to do a big deal? >> yeah, but these are the leaders of the country. >> is your leader your leader? i don't think boehner is your leader. >> he is my leader. but not anymore, i'm retired. >> i don't think he calls the shots of your party. >> i don't agree with that. he calls the shots. he has 20 or 30 that came in in 2010 and that are going to vote no no matter what. it's time to forget those guys. >> has he
>> he was close to a deal a year ago august in 2011 on the debt ceiling limit, and he was pulled back by his folks, more conservative folks, and the president was pulled off the cliff, too, if you look at bob woodward's book as to how that thing unraveled. they both have to channel. he needs to channel tip o'neill, and the president needs to channel ronald reagan, and they have to do things. people talk about it, it was wonderful, it was bliss, it was euphoria. but they made tough...
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Oct 2, 2013
10/13
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. >> because there he had a situation where there was a threat of debt ceiling crisis that resulted in the downgrading of treasury bonds, a near catastrophe that did result in a deal, that did cut spending. that's what the sequester is. so the republicans, the teenage mutant republicans, if you will, having had this sort of permissive parenting of the fiscal cliff situation are saying well, it worked once, why not do it again. >> that's right. >> and the president is sagan with harry reid strongly -- because harry reid hated what happened during the fiscal cliff as did many democrats. they're saying mr. president, you've got to stand firm this time. you've goat to be the adult. you've got to be the dad. you've got to get these obstreperous kid does go to regular order as nancy pelosi calls it. they don't want to do it. they like what happened to sequester. they decided to like it. they're willing to stand at the brink with the president. you have a dangerous situation where you had in the white house tonight, arguably the six adults, the people who are supposed to be the adults here. t
. >> because there he had a situation where there was a threat of debt ceiling crisis that resulted in the downgrading of treasury bonds, a near catastrophe that did result in a deal, that did cut spending. that's what the sequester is. so the republicans, the teenage mutant republicans, if you will, having had this sort of permissive parenting of the fiscal cliff situation are saying well, it worked once, why not do it again. >> that's right. >> and the president is sagan...
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Oct 18, 2013
10/13
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. >> the reality about the debt ceiling is the two people that said don't cut the baby in half as in king solomon's story. in other words, we don't want to win, we just want to save the baby. we don't want to see us default and get us killing economically. and they were, the people like mitch mcconnell. and at the last minute boehner and the president said look let's move on. i give credit to mitch who i normally don't salute much, but he basically said this is going to be a catastrophe unless we change our position. >> right. you now -- >> and they don't like that. >> this civil war that this whole episode revealed has gotten worse to the extent that you cite mitch mcconnell as the guy that prevented the republicans from pulling everybody else with him off the cliff. today the senate conservative fund endorsed the primary opponent. so there's no white flag for peace in the party. things have gotten worse. you have what eric erickson is saying. >> he basically said kiss off. he did. i have to hand him credit for the way he responded. >> he said kiss off, but this is not going anywher
. >> the reality about the debt ceiling is the two people that said don't cut the baby in half as in king solomon's story. in other words, we don't want to win, we just want to save the baby. we don't want to see us default and get us killing economically. and they were, the people like mitch mcconnell. and at the last minute boehner and the president said look let's move on. i give credit to mitch who i normally don't salute much, but he basically said this is going to be a catastrophe...
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Jan 9, 2013
01/13
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and they're going to be divided on the debt ceiling. you've got guys like mcconnell and boehner say -- >> you may be right. the restoration of the old northwest republican party under the leadership of chris christie. somebody's got to bring it back which you're part of. you don't act like it sometimes. you're going to be one of them. wouldn't you like to be press secretary to chris christie of the united states? what a job. >>> what's wrong with this picture? here's what a gathering of president obama's top cabinet officials and aides might look like. a lot of people are looking at this saying where are the women and minorities? the group that put the president back in the white house. >>> also could the answer to the gop's problems be found somewhere in the swamps of jersey? sounds like the colonial wars. that's a bruce springsteen reference. now one of the biggest fans is chris christie. he may be what they need to break out of their super religious people. here's my question. how does a pragmatist like christie get through a tea par
and they're going to be divided on the debt ceiling. you've got guys like mcconnell and boehner say -- >> you may be right. the restoration of the old northwest republican party under the leadership of chris christie. somebody's got to bring it back which you're part of. you don't act like it sometimes. you're going to be one of them. wouldn't you like to be press secretary to chris christie of the united states? what a job. >>> what's wrong with this picture? here's what a...
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Oct 4, 2013
10/13
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. >> but on the debt ceiling, most americans agree they want it attacked to spending cuts. if most americans can understand that fundamentally attaching to the debt ceiling spending cuts is a reasonable thing to do, why isn't the president listening to the american people, if not congress? >> because i think there are -- it's not so easy to understand how the budget works. if the debt ceiling -- look, i've a deficit hawk, but if you don't fund our bills, you will precipitate a worldwide collapse. >> we're not talking about funding our bills. we'll fund the bills and we want spending cuts. >> certainly you can have your cake and eat it, too? >> yes. why can't we do both? >> first of all, i would like to say both of these parties are responsible for the massive debt. they've been in charge for 150 years. how do they run from that? >> and in fact, if they ran their home finances the way they've run the government finances, they would be bagless homeless people living on the streets right now. >> sounds pretty good to me. >> back to whether congress should vote to make good on
. >> but on the debt ceiling, most americans agree they want it attacked to spending cuts. if most americans can understand that fundamentally attaching to the debt ceiling spending cuts is a reasonable thing to do, why isn't the president listening to the american people, if not congress? >> because i think there are -- it's not so easy to understand how the budget works. if the debt ceiling -- look, i've a deficit hawk, but if you don't fund our bills, you will precipitate a...
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Oct 13, 2013
10/13
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no spending cuts attached versus a messy debt ceiling extension, meaning one with spending cuts or tax hikes attached. on thursday, house republicans presented mr. obama with a proposal, to end the debt ceiling deadlock. republicans will vote to raise the debt ceiling enough to last through november 22. in exchange, mr. obama will agree to negotiate with republicans over spending cuts. on wednesday, the president met separately with house democrats to prepare them for the coming compromises. according to congressman jerry conley, who was at the meeting. conley says obama told house democrats they, quote, need to be prepared to give and take, unquote. and quote, we weren't going to win everything, unquote. financial markets cheered the breakthrough. the dow rose 272 points moments after the breakthrough announcement. but the debt ceiling proposal will not end the government shutdown. republicans and democrats remain at loggerheads over the 2014 federal budget. >>> question, what made president obama change his position on negotiating with the republicans over the debt ceiling? >> well,
no spending cuts attached versus a messy debt ceiling extension, meaning one with spending cuts or tax hikes attached. on thursday, house republicans presented mr. obama with a proposal, to end the debt ceiling deadlock. republicans will vote to raise the debt ceiling enough to last through november 22. in exchange, mr. obama will agree to negotiate with republicans over spending cuts. on wednesday, the president met separately with house democrats to prepare them for the coming compromises....
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Oct 2, 2013
10/13
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there are not 50 democrats in the senate who will vote for a clean debt ceiling increase. there certainly aren't 218 republicans in the house. at some point harry reid, mitch mcconnell, john boehner, nancy pelosi and the white house have to sit down and say, what deal can we cut? >> when we talk about what deal can be cut, the president has indicated and certainly the republicans are interested in entitlement changes in medicare and important things that have long been part of budget negotiations but not the affordable care act because there'ses no way that he's going to give up the one piece of legislation that is the center piece of his, you know, first term. also, what he won re-election on and the supreme court upheld. >> the notion of defunding the whole thing was impractical. could you delay the individual mandate for a year, considering the somewhat chaos we've seen? if people want to use the exchanges, fine. why are we forcing it? could you give up the congressional exemption, which is unpopular? i think those are things that could be negotiated. i don't think the
there are not 50 democrats in the senate who will vote for a clean debt ceiling increase. there certainly aren't 218 republicans in the house. at some point harry reid, mitch mcconnell, john boehner, nancy pelosi and the white house have to sit down and say, what deal can we cut? >> when we talk about what deal can be cut, the president has indicated and certainly the republicans are interested in entitlement changes in medicare and important things that have long been part of budget...
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Jan 3, 2013
01/13
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he also warned house republicans not to use the debt ceiling vote to force cuts in social programs. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> eliot: for more on the fiscal cliff votes that transfixed washington this week i'm joined by vermont's independent senator bernie sanders who voted yes on the fiscal cliff bill. thank you for joining us. >> thank you, japan first. >> eliot: first explain why you came down in favor of this bill that is getting a fair bit of criticism from both sides of the aisle. >> it was a tough vote, and i would not be honest with you if i said i didn't consider voting no. if we go over the cliff and 5 trillion-dollar is taken out of the economy you're heading into a major recession, more unemployment. the fact that we prevented 99% of americans from paying higher income taxes very important. two million workers will continue to get unemployment benefits. very important. seniors on medicare will be able to walk into the doctor's office and get treated rather than see th
he also warned house republicans not to use the debt ceiling vote to force cuts in social programs. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> eliot: for more on the fiscal cliff votes that transfixed washington this week i'm joined by vermont's independent senator bernie sanders who voted yes on the fiscal cliff bill. thank you for joining us. >> thank you, japan first. >> eliot:...
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Jul 29, 2013
07/13
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republicans saying they're not going to increase the debt ceiling unless it is offset with an equal amount of cuts. the white house saying they're not going to negotiate on that issue. >> we've heard the fakes repeatedly from you for the last five years. in the future we should just have an apreebiated term. the president had a big lunch date today. hillary clinton at the white house. with the mideast peace talks, a new york merrill scandal and nm scandal, can you give us any details beyond what they ate for lunch? >> it is one of those days when you wish you could abfly on the wall. this lunch was outside. so a fly at the table. we know they likely discussed the middle east peace talks. the white house signaled that today, of course, given that the negotiations will begin this evening, given that the president traveled to the middle east a few months ago to jump start these negotiations. this is undoubtedly something that the president and the former secretary of state will talk about. you'd have to expect that they talked about egypt, as well. it's hard to imagine that they wouldn't touc
republicans saying they're not going to increase the debt ceiling unless it is offset with an equal amount of cuts. the white house saying they're not going to negotiate on that issue. >> we've heard the fakes repeatedly from you for the last five years. in the future we should just have an apreebiated term. the president had a big lunch date today. hillary clinton at the white house. with the mideast peace talks, a new york merrill scandal and nm scandal, can you give us any details...
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Oct 31, 2013
10/13
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that's what boehner wanted to do with the debt ceiling and ted cruz with the government shutdown. that failed. a disarray. they're on the backup plan. the backup plan is a small deal. i think they're going to try to lift sequestration cuts. automatic cuts to the, to the nonmandatory spending programs. for a year, maybe two, probably one year. and just fry to cobble together a small package. stop hurting the economy as much as they have been doing. so, by recent standard this would be real progress. >> what would be the elements of the deal, jonathan, as you see it? >> well, what people are just question is that president obama had about $200 billion in his budget of cuts to what he called entitlement, not medicare, medicaid, not social security. things like farm subsidies. federal pension reform. postal, this, and you know sort of user fees, transportation fees. sort of assorted change. and the cost of sequestration for a while. that's what people think they're going to do. obama will only offer up these cuts to medicare and social security if republicans give him more revenue. re
that's what boehner wanted to do with the debt ceiling and ted cruz with the government shutdown. that failed. a disarray. they're on the backup plan. the backup plan is a small deal. i think they're going to try to lift sequestration cuts. automatic cuts to the, to the nonmandatory spending programs. for a year, maybe two, probably one year. and just fry to cobble together a small package. stop hurting the economy as much as they have been doing. so, by recent standard this would be real...
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Jan 27, 2013
01/13
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for every dollar increase in this debt ceiling we have to have a dollar in cuts to match that. the president said earlier this month, i'm not doing that anymore. we are not going to keep negotiating over the debt ceiling. this is our obligation over. the republicans have conceded the president had won the argument and are now -- this week they ebb extended the debt ceiling with no accompanied spending cuts. the republicans will cede that issue to him. >> your latest article, mitt romney i'm not going away. tell me. >> certainly was a little different. he came in to toub this weekend for the alfalfa dinner. we hadn't seen a lot from mitt romney since he lost in november. he to told donors that it was purposeful. he is not going anywhere. he will be active in 2013 and 2014s and in terms of 2016. although some sources said his personal ambition for public office are over. >> good to see you both today. thank you so much. >> thank you, t.j. >>> to the weather, the midwest is facing an ice threat. winter storm is dropping snow and freezing rain expected to bring icy conditions. powe
for every dollar increase in this debt ceiling we have to have a dollar in cuts to match that. the president said earlier this month, i'm not doing that anymore. we are not going to keep negotiating over the debt ceiling. this is our obligation over. the republicans have conceded the president had won the argument and are now -- this week they ebb extended the debt ceiling with no accompanied spending cuts. the republicans will cede that issue to him. >> your latest article, mitt romney...
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ceiling which would raise the debt ceiling cut spending and have tax reform i think it's dangerous to have tax reform in this debate and look in the personal cliff debate in january we already raise taxes and we raise taxes inefficiently so yes we need a huge debate on how to perform thank you so much this is what brooks the public and i thank you. stay tuned because when we take a harder look after her secretary treasury and fed chairman a front man away from earth you won't believe what he did when he was president of harvard and then prime interest producer bob inglis and i explored the white house side of sovereign debt straight from the madison avenue state. wealthy british soil the sun. spot on to the tirelessly. cardinality. markets why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on. the eve. of the. now when we talk about the revolving door we often think about it shuttling people between washington and wall street but today we're going to highlight another s
ceiling which would raise the debt ceiling cut spending and have tax reform i think it's dangerous to have tax reform in this debate and look in the personal cliff debate in january we already raise taxes and we raise taxes inefficiently so yes we need a huge debate on how to perform thank you so much this is what brooks the public and i thank you. stay tuned because when we take a harder look after her secretary treasury and fed chairman a front man away from earth you won't believe what he...
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Nov 25, 2013
11/13
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in the summer of 2011, when we had the debt ceiling the first time he bumped up against defaulting. we ended up with the cuts only deal that resulted in the sequester, which we are still struggling to replace. that included $1.2 trillion in spending cuts only. really painful cuts, many of which i spent my career posing. i was one of the handful of democrats that combined with some republicans to pass idea because we were on the brink of default we cannot jeopardize the full faith and credit of the united states. i knew a lot of people in my district would be opposed and he voted in favor of that deal and those cuts. i had to decide, okay, have a built-in of trust -- i hopefully have built enough trust in this community i can come home to my constituents and explained even though they did 100% agree with you in my decision, they trust me enough that i'm willing to spend some political capital with my constituents that they understand they have really gathered the information made the best decision i thought we could make for the country. yeah, there is risk to that. they when you hav
in the summer of 2011, when we had the debt ceiling the first time he bumped up against defaulting. we ended up with the cuts only deal that resulted in the sequester, which we are still struggling to replace. that included $1.2 trillion in spending cuts only. really painful cuts, many of which i spent my career posing. i was one of the handful of democrats that combined with some republicans to pass idea because we were on the brink of default we cannot jeopardize the full faith and credit of...
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i brought up the debt ceiling. >> that's what this fight is all about. >> republicans want spending cuts in exchange for the debt ceiling. >> what the president has already done is he sat down with republicans. democrats sat down with republicans. they came up with a deal, a deal that steny hoyer and others said this is not a good deal for us. they werevociferous. there's a very simple way to solve this. my name was bill, i was brought up on schoolhouse rock. i'm just a bill. all fact based. >> true. >> if they just have the vote, if there is a bipartisan majority, why the theatriree a theatrics. all over a law that was passed by the house, passed by the senate, ratified by the supreme court of the united states. >> shame. this was crammed down the people's throats. and it is not, it is not popular. and obama has refused to back off of it at all, because, as matt lauer said, this is obama's baby. this is not about obama and his nas sichl, no offense, i know you used to work for him. this is about the best interest of the united states. i don't care if it's his baby. he is going to, in th
i brought up the debt ceiling. >> that's what this fight is all about. >> republicans want spending cuts in exchange for the debt ceiling. >> what the president has already done is he sat down with republicans. democrats sat down with republicans. they came up with a deal, a deal that steny hoyer and others said this is not a good deal for us. they werevociferous. there's a very simple way to solve this. my name was bill, i was brought up on schoolhouse rock. i'm just a bill....
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Oct 9, 2013
10/13
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maybe the deal now is what he gets in return is a debt ceiling. i think that might be the game if they delay this a coupe of weeks or even if they cut a deal in principle next week. >> are we going to default? >> i don't know. i know this -- i don't know. i don't know how you can predict this. boehner hasn't moved. where i do see progress is paul ryan, who is talking about the things i'm talking about, broader set of reforms, rather than focusing at all on health care. i think they all know what they have to do. they got to increase growth. the president said that yesterday. got to make it better for us to compete in the world, our corporations. those are realities he addressed yesterday. i think what will happen, i've written an article about this. i think what will happen is somebody in the budget committee more likely the ways and means committee or the senate finance committee is going to come up with something the next couple of days. it's not going to be the president, because if it has his name on it, it is doa. i don't think bainer has the
maybe the deal now is what he gets in return is a debt ceiling. i think that might be the game if they delay this a coupe of weeks or even if they cut a deal in principle next week. >> are we going to default? >> i don't know. i know this -- i don't know. i don't know how you can predict this. boehner hasn't moved. where i do see progress is paul ryan, who is talking about the things i'm talking about, broader set of reforms, rather than focusing at all on health care. i think they...
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Jul 24, 2013
07/13
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now, we're not going to raise the debt ceiling without real cuts in spending. it's as simple as that. >> and all this comes amid a new nbc/"wall street journal" poll showing congress's approval rating is at an all-time low. just 12% now approve of congress's job performance. i guess that's mostly friends, family and comedy writers. i'm sure the numbers include the many supporters that democratic congressman chris van hollen who i'm delighted to say joins us. good afternoon sir. >> it's great to be with you. we may be losing our family's support at this time. >> i fear for you. but the leader of your opponents in congress, speaker john boehner, says his job and i'm quoting him, is not to legislate but to repeal legislation. he also says he's ready once again to use the debt ceiling as a hostage. i assume, i guess, we should appreciate mr. boehner's honesty because basically, what he's saying is that his caucus doesn't care if their actions damage the country. the only thing they will care about, their sing ghoul lar priority for this nation is obstructing this p
now, we're not going to raise the debt ceiling without real cuts in spending. it's as simple as that. >> and all this comes amid a new nbc/"wall street journal" poll showing congress's approval rating is at an all-time low. just 12% now approve of congress's job performance. i guess that's mostly friends, family and comedy writers. i'm sure the numbers include the many supporters that democratic congressman chris van hollen who i'm delighted to say joins us. good afternoon sir....
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Jan 16, 2013
01/13
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however, you can race the debt ceiling and cut spending at the same time. on top of that, you kcan fix th $2 trillion situation. that is my take. charlie wrangle from new york and i begin with you. i don't understand why that can't be done. you can get that done. you are one of my buddies, but i object to you using the default. you have enough cash flow and the vast majority. i hate that argument. i know. but it is wrong to call it default. >> why not avoid default all together. because i believe it distorts the rest of the debate the good congressman and i need to have. >> cutti inting spending, i don want to get hung up on default. it is all bad. welcome back, sir, why can't we have our cake and eat it too? why can't we compromise with spending cuts at the same time too? >> we can do it as long as we recognize it is apples and oranges. our obligation has nothing to do with our inability to govern our own spending and taxes. but anytime one tries to hold it, that is when it is wrong. whatever you want to call it, when you have a moral and constitutional ob
however, you can race the debt ceiling and cut spending at the same time. on top of that, you kcan fix th $2 trillion situation. that is my take. charlie wrangle from new york and i begin with you. i don't understand why that can't be done. you can get that done. you are one of my buddies, but i object to you using the default. you have enough cash flow and the vast majority. i hate that argument. i know. but it is wrong to call it default. >> why not avoid default all together. because i...
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Jan 14, 2013
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ceiling, to negotiate on increasing spending cuts and should just increase this debt ceiling to not risk any problems with the u.s. economy. republicans will say that this white house, this president, had been unable to do those spending cuts that have been talked about for so long and that they need this leverage to be able to force this issue. so we are where we have been, at this standoff as you look live in the east room there, with the president about ready to come out and address reporters. jon: all right. here now, president obama for the final news conference of his first term. >> please have a seat, everybody. good morning. i thought it might make sense to take some questions this week as my first term comes to an end. it's been a busy and productive four years and i expect the same for the next four years. i intend to carry out the agenda that i campaigned on, an agenda for new jobs, new opportunity, and new security for the middle class. now right now our economy is growing, and our businesses are creating new jobs. so we are poised for a good year, if we make smart decis
ceiling, to negotiate on increasing spending cuts and should just increase this debt ceiling to not risk any problems with the u.s. economy. republicans will say that this white house, this president, had been unable to do those spending cuts that have been talked about for so long and that they need this leverage to be able to force this issue. so we are where we have been, at this standoff as you look live in the east room there, with the president about ready to come out and address...
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Jan 2, 2013
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. >>> the debate is far from over as law americas turn their focus to the debt ceiling and spending cuts. for that we take a look at who is talking. >> charles krauthammer talking his analysis how he thinks those negotiations will unfold. >> i expecting it will end up with a patch with the view of our fiscal problems another failure as tonight. the reason is you have two ems in this the president and the republican house which will be on more equal strength they will work out another useless extension and they will have to fight again. and the reason i say that is that everybody spoke about tax reform after the election entitlement reform after the election. we see a president now who is not interested in either. tax reform is the one thing that his debt reduction commission recommended. there is a consensus in the country when reagan worked it out. obama made it clear he wants the rates to stay up he will eliminate deduction that's all he wants is higher revenues. that will be a titanic struggle that will not be solved at debt ceiling time. >>> the president also weighed in on the debt
. >>> the debate is far from over as law americas turn their focus to the debt ceiling and spending cuts. for that we take a look at who is talking. >> charles krauthammer talking his analysis how he thinks those negotiations will unfold. >> i expecting it will end up with a patch with the view of our fiscal problems another failure as tonight. the reason is you have two ems in this the president and the republican house which will be on more equal strength they will work...
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Jan 6, 2013
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can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, we're going to be talking about further deficit reduction, but it has to be done in a balanced way. at the heart of this debt ceiling debates is whether or not we're going to continue to reduce the deficit. i think we need to do it in a thoughtful way. and the president said as long as it's balanced he's open to the conversation. >> okay. so i'm confused because i've heard him say multiple times i am not going to negotiate over raising this debt ceiling. so are you going to negotiate? >> i can just tell you this. the debt ceiling is something that we should put behind us in a hurry. you know, i
can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, we're going...
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Jan 6, 2013
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what it does, it creates more uncertainty and we have a fight over the debt ceiling and spending cuts and entitlement reform and hopefully looming out there that we haven't seen much leadership on. all it did was show that the president is extremely adept at explote oniting weakness in the republican party. you lock at the debt ceil defaulting on our loans it is peering over the edge of the grand canyon and bed with the fiscal cliff deal. how much is at risk if they don't get it done. senator cruz said there was no danger of default on the debt. we hit the debt ceiling, we can't borrow anymore. tax receipts continue to flow . they cover 60 percent of the federal spending. debt service is 6 or senpercent and there would be plenty of money to cover the debt service. what you will hear, john, in the weeks ahead we'll default on our obligation. that is not reference to the kind of default you would have if you didn't make payments. that means you can't pay for the federal spending and there would be major, major disruptions. but we need to be careful about the use of default. it is scare
what it does, it creates more uncertainty and we have a fight over the debt ceiling and spending cuts and entitlement reform and hopefully looming out there that we haven't seen much leadership on. all it did was show that the president is extremely adept at explote oniting weakness in the republican party. you lock at the debt ceil defaulting on our loans it is peering over the edge of the grand canyon and bed with the fiscal cliff deal. how much is at risk if they don't get it done. senator...
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Oct 9, 2013
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without any spending cuts. >> we can't raise the debt ceiling without doing something about what is driving us to borrow more money and live beyond our means. the idea that seshd raise spending and give the bill to our kids and grand kids would be wrong. >> both the president and house speaker boehner are facing two political stations. they are taking a beating over the shut down but what the president is planning on doing raising the national debt to well over $18 trillion. >> doug luzader reporting live for us. eight are arrested at an immigration rally at the capitol. they were booked for blocking main street. filmmaker was on kelly files. >> what i saw today was not only sad but despicable. you are saying you are rolling back to last week. i have been here all week. i am telling you it has only gotten worse. today i watched thousands of illegal immigrants walk right through the mall nobody stopping them -- i am wrong. there was one gate with a sign that said don't come in. when you went to the memorial the gates are still up. they are still not getting in. the only way you can g
without any spending cuts. >> we can't raise the debt ceiling without doing something about what is driving us to borrow more money and live beyond our means. the idea that seshd raise spending and give the bill to our kids and grand kids would be wrong. >> both the president and house speaker boehner are facing two political stations. they are taking a beating over the shut down but what the president is planning on doing raising the national debt to well over $18 trillion....
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Jan 26, 2013
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we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this across the board budget ax. we're going to come back, we're going to rethink this and we're going to try to get those savings in a more -- in a smarter way. and that hope as it were is pretty much shot now when you talk to the republicans and democrats in the congress. republicans believe many of the deficit hawks out there believe this is the best chance they have for cutting spending. it's going to become law on march 1st. it's already on the way to taking effect. and democrats are happy to replace some of those cuts, particularly in the military side, but they want to do it with tax increases which
we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this...
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Jan 20, 2013
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it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an important point. conservatives don't either. the conservative base right now is an older base. it's people in their 50's and 60's, people who say i'm really worried about the deficit. don't touch my medicare or social security. chris: that it? indicated stuff. >> the entitlement stuff is a really big problem. there are a lot of liberals who go too far in denying it's a problem, but it's not an immediate problem. interest rates remain low. we have a little bit of time. chris: now for some fun. we're all looking forward to witnessing the president's inauguration on monday, we thought we'd look back through history
it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an...
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Oct 8, 2013
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over raising the debt ceiling something that resulted in some $2 there will in spending cuts over two years. house republicans think there's no reason the president wouldn't do that again. the president has said time and time again, no how, no way, he's not doing that again. if it was a mistake that will not be made again. we're talking of course about the world's largest economy. 20% of the worl economy is govet spending. >> mike viqueira in washington. >>> suicide bombers ataksd security forces in three egyptian cities, the suez canal and cairo. the 50 supporters of ousted president mohamed morsi by officials. >>> for complying with u.n. weapons inspectors but there's speculation that presidential bashar al-assad may be cooperating are nord to in ordeo strengthen his hold on the country. >> seems to have given him some breathing space. u.s. secretary of state john kerry offered some cautious words. >> i think it's also credit to the assad regime for complying rapidly as they're supposed to. we would hope it would continue. i'm not going to vouch today for what's going to happen mont
over raising the debt ceiling something that resulted in some $2 there will in spending cuts over two years. house republicans think there's no reason the president wouldn't do that again. the president has said time and time again, no how, no way, he's not doing that again. if it was a mistake that will not be made again. we're talking of course about the world's largest economy. 20% of the worl economy is govet spending. >> mike viqueira in washington. >>> suicide bombers...
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Jan 6, 2013
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. >> we have yet to cut one dime from the last debt ceiling agreement and it's time to do it again. we've got to stop the madness. this is the 18-year-old kid on the credit card. they maxed out the card and instead of cutting it up and putting them on a budget, obama says give them a new credit card. >> yes, we have to do more cuts. the president's been clear, he put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion of revenue. the only reason we weren't able to do forward is house republicans decided not to follow speaker boehner. >> john roberts is filling in on "fox news sunday" for chris wallace. great to see you. >> great to see you too. if that discussion is any indication, the next eight weeks are going to go interest on capitol hill with a lot of fur flying. >> can you see them agreeing on anything? >> absolutely not. mitch mcconnell laid down a marker saying we're done with the revenue side. we're not accepting any revenue generated off the backs of the american public. the president is saying i want more, i want another $600 billion as chris van holla
. >> we have yet to cut one dime from the last debt ceiling agreement and it's time to do it again. we've got to stop the madness. this is the 18-year-old kid on the credit card. they maxed out the card and instead of cutting it up and putting them on a budget, obama says give them a new credit card. >> yes, we have to do more cuts. the president's been clear, he put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion of revenue. the only reason we weren't able...
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Jan 7, 2013
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and this is going to be used, the debt ceiling is going to be used to get cuts. mitch mcconnell has said something similar. so you have the president saying one thing, but those in the house and senate, the republican leaders, saying something completely different. >> shannon: yeah, they think this is going to be all about spending ab that's the comfort. house minority leader nancy pelosi saying hey, we're not done talking about revenue, there could be tax increases with part of this negotiation. >> and the president himself said in the midst of the fiscal cliff deal when it looked like a deal, that this does not end the tax debate, but the the republicans say, that you know, there's 80 trillion dollars in unemployment liabilities no matter what you do in taxes, that's not going to solve where the problem is, which is medicare, social security, and medicaid, entitlement reform and they gave in, they thought on raising taxes and revenue and want to focus pretty much exclusively on entitlement spending. >> jamie weinstein, it's going to be an interesting couple of
and this is going to be used, the debt ceiling is going to be used to get cuts. mitch mcconnell has said something similar. so you have the president saying one thing, but those in the house and senate, the republican leaders, saying something completely different. >> shannon: yeah, they think this is going to be all about spending ab that's the comfort. house minority leader nancy pelosi saying hey, we're not done talking about revenue, there could be tax increases with part of this...
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ceiling without spending cuts. joining us now is a member of the house intelligence and energy and commerce committee. good to have you here. what is your reaction to the opening of the national mall to the president's sponsors and a rally for comprehensive immigration reform while he barricades' national parks and everything he can to carry out the campaign of paid for ordinary citizens? >> i went to the world war ii veterans representative memorial last we can't we were not welcome to wine understand the enormity it is reminiscent of the irs when the president has one set of tough rules for one group and another set for groups he does not treat highly about. it is troubling but it is the way he has behaved. lou: one way is to insult republicans forcefully e and repeated the. speaker boehner says this will and one way, through negotiation. is that your judgment as well? >> all we have been asking is to have a conversation with the president to engage in a thoughtful discussion how to prevent defaults i am talking
ceiling without spending cuts. joining us now is a member of the house intelligence and energy and commerce committee. good to have you here. what is your reaction to the opening of the national mall to the president's sponsors and a rally for comprehensive immigration reform while he barricades' national parks and everything he can to carry out the campaign of paid for ordinary citizens? >> i went to the world war ii veterans representative memorial last we can't we were not welcome to...